As of now, GBPUSD is trading at 1.26180 on the daily time frame. After breaking a significant level at 1.28400, this currency pair has been consolidating for four consecutive days. Currently, the price is below the 150-period moving average (MA) on...
The GBP/JPY currency pair has continued its decline for a second consecutive day, trading around the 189.30 level during Thursday's Asian trading session. Analysis of the daily chart reveals that the pair remains within a descending channel pattern,...
EUR/USD: Simple Business Tips for Beginners (February 18) Today, I have conducted an analysis of the EUR/USD pair, including insights from yesterday’s forex trading and some key business tips. Analysis of Yesterday's Forex Trading Yesterday, the...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hi, I will evaluate the performance of XAU/USD in the upcoming trading sessions. Let's assess the behavior of the price of XAU/USD. XAU/USD is trading at 2940.06 at the time of writing. This time...
The current market analysis reveals that the Parabolic SAR indicator is indicating an upward trend, while the Relative Strength Index (RSI) is showing a downward trend. This scenario presents a complex situation for traders trying to navigate the...
